Business Finance Homework Help
Business Finance Homework Help. Need business and finance help with Simple and Compound Interest
It is good to know about simple interest loans. If I ever need a loan in the future, now I have more knowledge and can ask more in-depth questions to ensure I am making the right choice. I would of course always try to get a loan that is a simple interest loan so that I would only be paying interest on the principle. I would never think to take advantage of a compound loan due to all of the interest that would accrue.
I don’t understand how charging interest on top of interest can be fair.
Business Finance Homework Help
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